cAPSLOCK
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Whimsical Pants
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April 10, 2016, 08:05:11 PM |
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I see you here whenever Monero takes a dump, are you a big P&D whale here?
I think this coin is being dumped by the same people who develop it like FluffyPony & Othe after all Othe gets 21800 Monero alone from Fluffypony's gambling site as the biggest winner there. This is what you get when your own developers play the pump & dump like twice a year doubling their BTC stack on pure speculation hype threads like this one.
You're right! And the really amazing part is this time the whale manipulators also went to the trouble of crashing ETH, maid, doge, dash, FTC, bts, sys, rads, etc. Its a genius move on the part of the manipulators as it makes the crash look so much more like a legitimate correction. It must be really really expensive to make a little bit of money!
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wpalczynski
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April 10, 2016, 08:12:15 PM |
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I don't see it going down to 0.001 anymore. The volume in the recent run was far too large to suddenly (or even protractedly) allow going back to such low levels. There is also a massive historical support in 0.0018 and up, so I'd be pretty content to buy here if the portfolio can bear more XMR. The emission is constantly shrinking, so it is faulty to compare current situation to the previous valley in 0.001s.
Also it's good to consider that the runup took weeks and was very careful. The sudden crash to 0.002 just screams a short-term reaction back up, so if selling is the intent, hold your horses, you'll get a better price for sure from the normal oscillation, no matter where the price is heading mid-term.
My feeling is overall quite positive, and the probability that the uptrend will continue despite the carnage of the last days is high in my opinion.
Longer term, the probability of negative scenarios is larger than that of the positive, but this is more than made up with the obscene upside in the positive scenarios, compared to the meager downside even in the most negative ones (-100%).
I see you here whenever Monero takes a dump, are you a big P&D whale here? I think this coin is being dumped by the same people who develop it like FluffyPony & Othe after all Othe gets 21800 Monero alone from Fluffypony's gambling site as the biggest winner there. This is what you get when your own developers play the pump & dump like twice a year doubling their BTC stack on pure speculation hype threads like this one. Can you point to a single thread where fluffy pony is pumping Monero in any way? Quite the contrary, he has stated on multiple occasions not to buy it as an investment.
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generalizethis
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Facts are more efficient than fud
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April 10, 2016, 08:14:50 PM |
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I don't see it going down to 0.001 anymore. The volume in the recent run was far too large to suddenly (or even protractedly) allow going back to such low levels. There is also a massive historical support in 0.0018 and up, so I'd be pretty content to buy here if the portfolio can bear more XMR. The emission is constantly shrinking, so it is faulty to compare current situation to the previous valley in 0.001s.
Also it's good to consider that the runup took weeks and was very careful. The sudden crash to 0.002 just screams a short-term reaction back up, so if selling is the intent, hold your horses, you'll get a better price for sure from the normal oscillation, no matter where the price is heading mid-term.
My feeling is overall quite positive, and the probability that the uptrend will continue despite the carnage of the last days is high in my opinion.
Longer term, the probability of negative scenarios is larger than that of the positive, but this is more than made up with the obscene upside in the positive scenarios, compared to the meager downside even in the most negative ones (-100%).
I see you here whenever Monero takes a dump, are you a big P&D whale here? I think this coin is being dumped by the same people who develop it like FluffyPony & Othe after all Othe gets 21800 Monero alone from Fluffypony's gambling site as the biggest winner there. This is what you get when your own developers play the pump & dump like twice a year doubling their BTC stack on pure speculation hype threads like this one. Can you point to a single thread where fluffy pony is pumping Monero in any way? He reverse pumps Monero. Telling people not to invest in it, so they naturally mortgage their house to buy some Monero.
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Kramerc
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April 10, 2016, 08:17:38 PM |
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He reverse pumps Monero. Telling people not to invest in it, so they naturally mortgage their house to buy some Monero.
If only more people mortgaged their houses... I'm sure price would be a lot higher. So there you have it guys: mortgage your house, buy monero, profit ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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smooth (OP)
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April 10, 2016, 08:18:35 PM |
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are you a big P&D whale here?
Are you?
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MoneroMooo
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April 10, 2016, 08:19:50 PM |
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I showed my bank manager a post by fluffypony saying we should not invest in monero. That convinced him enough to let me mortgage my future space yacht to be able to buy more monero...
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explorer
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Activity: 2016
Merit: 1259
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April 10, 2016, 08:28:37 PM |
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I showed my bank manager a post by fluffypony saying we should not invest in monero. That convinced him enough to let me mortgage my future space yacht to be able to buy more monero...
Me too! I think they are going to bundle those mortgages and sell them to Iceland or something like that. In the mean time, more moneroj!
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ArticMine
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Monero Core Team
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April 10, 2016, 08:29:53 PM |
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There are many assumptions about the Bitcoin markets that are simply no longer the case. The most blatant is that the most liquid XBT markets or the "major" markets are XBT/USD pairs. This is simply no longer the case Ethereum accounted for over 50% of Bitcoin trading, over the last 24 hours, with by far the largest Bitcoin market being the ETH/XBT pair on Poloniex. By comparison XBT/USD accounted for around 17%. during the same period. One can see this by comparing https://coinmarketcap.com/currencies/bitcoin/?markets=all#markets with https://coinmarketcap.com/currencies/bitcoin/?markets=main#markets. Note I have excluded the exchanges that have no trading fees mostly in China due to the high probability of fake trades; however they may be some legitimate trading going on there. XMR/XBT on Poloniex accounts for 1.8% of Bitcoin trades followed by DASH/XBT and MAID/XBT on Poloniex at just under 1% each. To put this into perspective XMR/XBT on Poloniex is comparable to XBT/USD on Coinbase at 1.9% and was actually ahead earlier today. What we are witnessing is a shift of Bitcoin trading away from fiat to alt-coins, with by far the preferred choice being Ethereum followed by Monero and Dash. We have also witnessed Poloniex becoming the largest Bitcoin exchange by volume. We are also seeing a lot of the value in Bitcoin moving towards the alts rather than fiat. One possible outcome here is that a shift from Bitcoin to another alt-coin will not necessarily imply a lost in trust in Crypto currency as a whole. So what do I see is the impact on Monero. First the fundamentals have not changed over the last few days. Secondly Monero is starting to be traded as a hedge against Bitcoin's problems. Over the short term this will lead to extreme volatility as we have seen lately; however over the long term this can be very bullish simply because of Monero's minuscule market capitalization when compared to Bitcoin. One significant factor here is that there are ample supplies of XMR available at a price. This will fuel both liquidity (good) and volatility (bad) over the short term. Also if Ethereum stumbles it is quite possible for a major upside move in Monero with possibility Dash and Maidsafe coming along for the ride.
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birr
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April 10, 2016, 08:39:02 PM |
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I see you here whenever Monero takes a dump, are you a big P&D whale here?
I think this coin is being dumped by the same people who develop it like FluffyPony & Othe after all Othe gets 21800 Monero alone from Fluffypony's gambling site as the biggest winner there. This is what you get when your own developers play the pump & dump like twice a year doubling their BTC stack on pure speculation hype threads like this one.
You're right! And the really amazing part is this time the whale manipulators also went to the trouble of crashing ETH, maid, doge, dash, FTC, bts, sys, rads, etc. Its a genius move on the part of the manipulators as it makes the crash look so much more like a legitimate correction. It must be really really expensive to make a little bit of money! My Dad always said, "It takes money to make money"!
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birr
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April 10, 2016, 08:42:31 PM |
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Longer term, the probability of negative scenarios is larger than that of the positive
I disagree. Monero has a 74% chance of succeeding. You can hang your Kelly hat on that!
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pixel75
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April 10, 2016, 08:43:43 PM |
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Longer term, the probability of negative scenarios is larger than that of the positive
I disagree. Monero has a 74% chance of succeeding. You can hang your Kelly hat on that! 74%? how can you say 74? why not 76?
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Bitrated user: pixel75.
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r0ach
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April 10, 2016, 09:23:30 PM |
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are you a big P&D whale here?
Are you? Pumper identified then it will be worth around $100,000 per Monero.
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FabioDelcatto
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April 10, 2016, 09:35:42 PM |
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Longer term, the probability of negative scenarios is larger than that of the positive
I disagree. Monero has a 74% chance of succeeding. You can hang your Kelly hat on that! 74%? how can you say 74? why not 76? LOl it is just a wild guess. Not based on any solid information. I like the fact that monero is here for a long time sure. But there is no guarantee it will succeed.
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lolikop
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April 10, 2016, 09:45:26 PM |
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Im still laughing at this dump last year it took 4 weeks to dump back to 0.0020 this year it took 3 days
Panic dump will follow with panic buy 0.005 will be the target but it could go to 0.01 untill we see another nose dive back to 0.004
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explorer
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Activity: 2016
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April 10, 2016, 10:17:18 PM |
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Im still laughing at this dump last year it took 4 weeks to dump back to 0.0020 this year it took 3 days
As has been stated by many here, this time is not like last time If we hang around sub .0025 long enough, I will likely add some BTC to polo. I have no idea which way it will go, but its been fun so far, and bound to continue to be a roller coaster.
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dEBRUYNE
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April 10, 2016, 11:27:02 PM |
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ArticMine
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Monero Core Team
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April 11, 2016, 12:02:29 AM |
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Red hammer just got painted on the daily XMR/XBT chart.
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Thunderhead
Member
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April 11, 2016, 12:18:10 AM |
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Red hammer just got painted on the daily XMR/XBT chart.
What is a red hammer?
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lolikop
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 11, 2016, 12:18:16 AM |
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Red hammer just got painted on the daily XMR/XBT chart.
I dont see another red hammer coming up next week unless XMR gets banned worldwide
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Whtwabbit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 11, 2016, 12:24:59 AM |
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I don't see it going down to 0.001 anymore. The volume in the recent run was far too large to suddenly (or even protractedly) allow going back to such low levels. There is also a massive historical support in 0.0018 and up, so I'd be pretty content to buy here if the portfolio can bear more XMR. The emission is constantly shrinking, so it is faulty to compare current situation to the previous valley in 0.001s.
Also it's good to consider that the runup took weeks and was very careful. The sudden crash to 0.002 just screams a short-term reaction back up, so if selling is the intent, hold your horses, you'll get a better price for sure from the normal oscillation, no matter where the price is heading mid-term.
My feeling is overall quite positive, and the probability that the uptrend will continue despite the carnage of the last days is high in my opinion.
Longer term, the probability of negative scenarios is larger than that of the positive, but this is more than made up with the obscene upside in the positive scenarios, compared to the meager downside even in the most negative ones (-100%).
I see you here whenever Monero takes a dump, are you a big P&D whale here? I think this coin is being dumped by the same people who develop it like FluffyPony & Othe after all Othe gets 21800 Monero alone from Fluffypony's gambling site as the biggest winner there. This is what you get when your own developers play the pump & dump like twice a year doubling their BTC stack on pure speculation hype threads like this one. Repietila did say a while back if/when Monero gets in the .004's its a good time to sell some, can't complain about that advice
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